Portrait of a Charter Entrepreneur: Ron Packard
When we consider the charter industry, it’s hard not to notice how it has become fertile territory for entrepreneurs with no education experience.
Take a case in point: The meteoric career of Ron Packard.
Begin by reading this dated biography, posted on SourceWatch.
When it was written, Ron was making $5 million a year as CEO of the online charter chain K12 Inc. The company had a market value of more than $1.25 billion. Ron and former Secretary of Education Bill Bennett founded with startup money supplied by ex-felon and junk bond king MIchael Milken and Larry Ellison of Oracle.
His background:
Packard, born in 1963, grew up in Thousand Oaks, California, the son of a radar and weapon systems engineer for Hughes Aircraft, where he worked as a summer engineer.[12] He then worked in the mergers and acquisitions operation of Goldman Sachs from 1986 to 1988, and at McKinsey and Company from 1989 to 1993.[13] After leaving McKinsey, Packard went to Chile to work on getting government permits for some investors who CONTINUE READING: Portrait of a Charter Entrepreneur: Ron Packard | Diane Ravitch's blog
